Define: Insolvency

UK Accounting Glossary

Definition: Insolvency

Quick Summary of Insolvency

A state where an individual or organisation can no longer meet financial obligations with lender(s) when their debts come due.

What is the dictionary definition of Insolvency?

Dictionary Definition

Full Definition of Insolvency

Insolvency FAQ's

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Insolvency. Payroll & Accounting Heaven Ltd. July 17, 2019
Chicago Manual of Style (CMS):
Insolvency. Payroll & Accounting Heaven Ltd. (accessed: July 17, 2019).
American Psychological Association (APA):
Insolvency. Retrieved July 17, 2019, from website:

Definition Sources

Definitions for Insolvency are sourced/syndicated from:

  • Oxford Dictionary Of Economics
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 24th December 2018.